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Korea weighs trade, security fallout from US 'blue wave'

Seoul is reassessing trade, security and nuclear cooperation after the Democrats swept both chambers of the U.S. Congress in Tuesday's midterms, the Korea Times reports, while seeking to keep existing agreements intact. Experts warn the shift could expose Korea to fresh trade uncertainty, though it would do little to curb President Donald Trump's policies. The White House insisted Trump is "still your president" after the losses, and Trump acknowledged the prolonged Iran war contributed to the Republican defeat. Korean markets reacted negatively: Seoul shares opened lower Thursday on concerns over tighter AI regulations, with the benchmark KOSPI opening 1.82 percent lower, and the "blue wave" is expected to cool memory chip prices and demand, casting doubt on whether Samsung Electronics and SK hynix can sustain their performance. Korean news outlets frame the results as a referendum on Trump's second term, with voters angry over high prices and the Iran war.

  1. Korea reassesses trade, security ties after Democrats sweep US Congress Korea Times · 2026-11-05
  2. Democratic midterm gains may fuel fresh trade uncertainty for Korea Korea Times · 2026-11-04
  3. Seoul shares sharply down late Thursday morning as US midterm results spark AI woes Korea Times · 2026-11-05
  4. Seoul shares open lower on Democratic Party victory in US midterm elections Korea Times · 2026-11-05
  5. US midterm 'blue wave' puts pressure on memory chip demand Korea Times · 2026-11-05
  6. White House insists Trump is 'still your president' after midterm rout Korea Times · 2026-11-05
  7. Trump Admits Iran War Caused Republicans' Massive Midterm Loss KBS World · 2026-11-05

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